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20130124
20130201
Search Results 0 to 21 of about 22 (some duplicates have been removed)
-- why small businesses are protesting against tax collectors. and luxembourg -- why illegal immigrants there want to get registered. children are typically raised by tibia will parents, but does it matter if they are a mother and father, or can two fathers or two mothers do just as well -- children are tically raid by two parents. single-sex families are a controversial issue in europe. the number of so-called rainbow families are on the rise, but their legal status varies from country to country. in germany, gay and lesbian couples cannot jointly adopt a child or a baby. they can only adopt as individuals. in france, when the government announced its intention to give homosexual couples equal adoption rights, large crowds took to the streetsn protest. >> for these two little boys, having two mothers is nothing unusual. their parents are a lesbian couple. beatrice, seen here, adopted the boys as a single woman. her partner had no legal say in it, and by french law, singles may adopt, but same-sex couples may not. an initiative is under way to change that. for these two women, that woul
's valuable. we don't have a carbon tax. and the -- >> rose: is its carbon tax the way to go. not cap and trade, but carbon tax jathe difference between those are not that critical. >> rose: the idea is put a value on how much carbon you use. there are reasons are to do that. but because of the political realities, either one can be achieved. they both have the same effect, causing you to shift in making your energy in a way. >> you look at germany, and angela mirkle has basically sworn off nuclear energy. >> that is aa setback -- >> rose: you disagree with the decision she made. >> well, with the current generation of reacts, because of the fukushima accident -- >> rose: they're old. >> people are now worried about that. there haven't been that many accidents, so you can have a reasonable disagreement about the current generation. there are generations coming that are inherently in their design form is more safe. if you don't like today's reactors you shouldn't group all the ways of generating nuclear energy that will come out. you shouldn't abandon those as well because we can make
, saving money on your taxes and boosting your retirement security. here's finra's gerri walsh. >> with washington roiling from one crisis to another, many americans feel uncertain about the impact of changing tax rates and how to achieve retirement security in a fragile economy. but, especially at times like this, workers should focus on what they can control. no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tw
calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you ne
. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number it dlivers and takes payment f. how confident are you it can stick with that? >> we're very confident. i mean, yes, there is no question there is headline risk with the 787. i think that there is concerns about what the ultimate solution will be, or root cause. but everything we have seen, it is a battery defect.
. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, noton obligations already incur. >> ifill: in the inaugural address this week, we saw the president lay out his gold for what he wants the next four years-- or the next year at least to be. what is the republican counter to that? >> i think the republicans have recalbrighted their tactics but not their end goals. they're in favor of cutting spending without new revenues. paul ryan this morning said no new revenues. the president has gotten all the revenues he will get. they have doubled down on spending cuts. they say they have a plan that will balance the federal budget in 10 years. you can only do that without revenues if you have really devastating cuts on all kinds of domestic programs and we'll see if they're willing to deliver on that. >> ifill: one democrat today and republ
things like houses before a plant consumption tax hike in april 2014. the government has concluded that the economy will expand 5 2.5% in real terms and 2.7% in nominal terms. based on the assumption that prices will pick up modestly the government projects nominal growth will exceed real growth for the first time in 16 years. the dollar is gaining further ground against the yen. earlier it hit a high. now it's changing hands to 39 yen. traders have seen rates drop to a five-year low. that's provided a brighter outlook for the american economy. the consumer price index dropped in december for a second month running as well. the euro i trading higher and that's being quoted at 120.77 to 79 against the yen. now to stocks. a weaker yen is prompti ining inverinver investors to buy. let's take a look at other markets in the asia pacific region. the kospi is trading lower by half a percent. in australia the benchmark index is trading higher by .4 of a percent. german chancellor expressed concern. her remarks suggest that japan's efforts could be regarded as a deliberate attempt to deva
for redeeming government bonds. tax revenues will exceed income for new government bonds first time in four years. the abe administration also hopes to improve japan's fiscal standing. the new draft budget reduces reserve funds by about $11 billion. it also puts a cap on debt service costs. a whopping 46% of total revenues still come from bonds reflecting the dire fiscal condition. now let's get a check on the markets. tokyo stocks are moving in a tight range this morning. as investors are keeping an eye on currency moves, the nikkei is trading flat at 10,831. some investors are trading shares to lock in gain. the dollar is slightly losing ground against the yen. the dollar against the yen is changing hands at 90.47 to 50. the euro/yen is also lower. that pair at 121.71 to 74. many market players are on the sidelines waiting for the release of u.s. gdp and jobs data later in the week. the kospi trading higher by .4 of a%. 1,948 and in australia the benchmark index is trading higher 4,873 this tuesday morning. the u.s. agriculture chief has welcomed japan's easing of impact restrictions on i
and is the lowest level since november 2011. they say the increase in the payroll tax has dampened consumer sentiment. u.s. share prices are rising as investors expect an economic recovery. but the focus now is what impact the increased pessimi will have on peonal spending, which accounts for 70% of u.s. gross domestic product. >>> officials at royal philips electronics in the netherlands will sell their audiovisual equipment division to a japanese firm. they want to take a step back from consumer electronics and focus on their medical and health-related business. the philips division makes products like video decks, portable music players, and headphones. japan's funai electric is set to acquire it by the end of this year. officials of the two firms say they made a dl for 150 million euros. that's over $200 million. philips officials have also spun off their television business to a joint venture with a taiwanese firm. now, funai electric plans to maintain the philips brand and expand sales to emerging economies in asia and south america. >>> one of japan's major oil wholesalers will join
supported tax increes as part of a plan to tame the federal deficit. wall street closed the week with another rally. the dow jones industrial average gained 70 points to close near 13,896. the nasdaq rose 19 points to close at 3,149. the s&p 500 finished above 1,500 for the first time since 2007. for the week, the dow gained nearly 2%; the nasdaq rose half a percent. those are some of the day's major stories. now, back to jeff. >> brown: we turn to israel, where prime minister benjamin netanyahu is working to build s coation afteruesd's election. the contest saw a surprisingly strong showing from a centrist party led by a former television personality. margaret warner is in jerusalem. i spoke with her a short time ago. >> so margaret, a few days after the election what kind of government seems to be taking shape? >> jeff, i'm told that bebenetanyahu is trying to put together a very broad coalition, not relying just on the trawl religious and ultra conservative and settler movement crowd that is in his current government. so he is worki with that surprise second place finisher to
cuts and tax increases that have been implemented so far, we're pretty close. and ja lewntimately knows what itakes toet om he to there. now, i think you, also, to, about other issues of the treasury's beat, international currency, financial markets, implementing the dodd-frank issue. as i mentioned, financial reform is still incomplete. so jack lew is going to have to oversee those as well. >> susie: let me get back to the budget issue. jack lew was also the architect of this sequester mechanism. a lot of people are worried if that kicks in, the automatic spending cuts, that, you know, that would really be a bad thing for the economy. some democrats are surprisingly saying maybe that's a good way to handle this whole budget cuts. where do you think jack lew stands on that? and, unfortunately, we just have half a minute left. what do you think? >> well, i think jack recognizes that if the sequester kicks in, it does two things. one, it makes deficit savings a lot more pronounced. that's $85 billion in one year. but, two thurts an economic recovery that's already too fragile. we certainl
americans are worried about higher payroll taxes and the outlook for jobs. but despite that, the dow rose 72 points, the nasdaq fell a fraction, the s&p added seven points. after the market close, investors also shrugged off a disappointing earnings report from amazon and bought up the stock. amazon shares surged as much as 9%. it earned 21 cents a share, six cents below analyst estimates. revenues rose 22% but were a billion less than estimates. amazon's c.e.o., jeff bezos, said the company's e-book business is paying off, growing by about 70% last year and is now a "multibillion-dollar category." but he didn't say how many kindle firetablets azon s sold. still, jason moser, an analyst with the motley fool, says: >> really, i think that amazon is going to prove to be the leader here in retail-- not just online retail-- because i think retail in general is heading towards online retail for the most part, and amazon is really what is really setting the standard there. and that's why i think you see amazon performing so well today, and companies like walmart and target and best buy really back
know, there is a joke that has gone around israel for some time that a third of the people pay taxes, a third of the people work, and a third of the people go in the army and the problem is they're all the same third. ( laughter ) what you actually found now is people saying enough. the fact is you had-- bebe made a deal with kadima, created a oadbed government, and they were going to resolve this question of the haridi serving in the military and what the fair burden would be. and a commission worked out something and in the end, the prime minister decided that he felt that the character of that deal just was not one he could live with. i think that came back to haunt him in a fairly big way. so i think, number one, it's sharing the burden in a sense that if the country was going to go to the right the way it appeared to be, there was going to be no sharing of the burden. secondly, i think there is sense of theain stam in israel feeling, wait, the character of likud, when benny baggan can't qualify for the list, when dan meriddor can't qualify for the list, the people who are on t
to make certain that there are no problems in terms of their background, to pay a fine, to pay their taxes, and then they would be here in a probationary status where they could not be deported. they could work. and we watched them as a number of other things evolve and progress under the bill. border security leading to green cards, leading to citizenship. >> woodruff: we hear some advocacy organizations saying, wait a minute. even that lel of requirement is going to be a disincentive. they're not going to want to sign up if they have to pay a fine and so forth. >> well, i'll tell you. that's going to be part of it. we believe that these people who have lived here for so many years in fear and have tried to make a best of their lives and the lives of their families are prepared to earn their way into legal status and to citizenship. and the argument that they would not pay a fine and such, i really think that will not be a major obstacle. we went through this withthe deferred deportation under the dream act. almost 400,000 people came forward. they paid the amount that was necessary. >> w
so that when it does make tough decisions on taxes, on spending, on energy policy, that america has some credibility that we got it more right than wrong. >> tell me about the lobbyists. who are these people? >> well, the problem with lobbyists, a lot of them come off the hill, a lot of them come out of congress. many members of congress leave the capital and go to k street. and it's a real reflection of how money has overtaken politics. d the real problem with that system is not the individual lobbyists. a lot of times they'll have legitimate points to present to members of congress. the problem is the amount of money that lobbyists represent. and what tends to happen in congress is that the concerns of those lobbyists, the concerns of amgen, become much more of the topic of discussion, debate, and resolution than the concerns of middle america, the concerns of the farmers. you know, in congress, we didn't even vote in the house on a farm bill. this is the first time in the history of this country where a house agriculture committee, on which i sat, but in a bipartisan vote, we wor
passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. right? so that means it won't be a quick process but it will be a fair process. >> woodruff: back in washington florida republican marco rubio, a member of the bipartisan senate group, still seemed concerned the president wanted to move too far too fast >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks >> woodruff: senate republican leader mitch mcconnell said he's withholding judgment for now >> i think predicting how one is going to vote on this package before it gets out of committee is something i'm not prepared to do. but i will say... what i will say is there is obviously bipartisan desire to move forward on immigration legislation. my assumption is the majority leader will be doing that. >> woodruff: that would be nevada democrat harry reid who said lawmakers must
are still voting with their dollars that things are going to get better. now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a posive sgn. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that sector? >> well, to me i think housing is critically important, not simply because of whole construction which obviously powers an awful lot of jobs but when you consider all the people who have been underwater for so long and they have this negative wealth effect, we talked about the facthat 401(k)s are going up. if they see house prices going up they feel an awful lot better as well. so i think this strength in the housing prices are really the most important factor out there and it's spread really across the country. not quite as
Search Results 0 to 21 of about 22 (some duplicates have been removed)

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